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However the question that begs to become answered is this fact: Do payday cash advance companies offer a legitimate service that people absolutely need or are they merely preying upon individuals with nowhere left to show for credit options?Generally speaking, a payday loan place charges roughly $15-20 on every $100 you borrow and asks the money be repaid by 50 % weeks or less

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To anyone having a credit history of 700 or above, payday loan may seem like little more than highway robbery. And, when everything are thought, online pay day loan companies do charge hefty fees for the services they supply